After-hours movers: Five Below, J.B. Hunt, Interactive Brokers, Spirit Airlines
After-Hours Stock Movers:
Five Below (NASDAQ: FIVE) declined 9% after it announced Joel Anderson has stepped down from his roles of President and CEO. The discount retailer also disclosed that comparable sales decreased 5% quarter-to-date, and it cut its second quarter guidance.
- Dollar General (NYSE: DG) traded lower in sympathy.
Wag! Group (NASDAQ: PET) fell 14% after it announced that it has commenced an underwritten public offering of shares of its common stock.
J.B. Hunt Transport Services (NASDAQ: JBHT) fell 3% it published second quarter results that missed consensus estimates for EPS and revenue. Its decline in revenue was primarily driven by a 5% decrease in gross revenue per load in Intermodal and a decline in load volume of 25% in Integrated Capacity Solutions, 9% in Truckload, and 9% in Dedicated Contract Services.
Interactive Brokers (NASDAQ: IBKR) rose 0.5% after it reported solid earnings and revenue for the second quarter, topping Wall Street estimates. Commission revenue increased 26% to $406 million on higher customer trading volumes.
Spirit Airlines (NYSE: SAVE) plunged 11% after it lowered second quarter guidance for revenue and operating income.